The Asset Sphere is an invitation-only platform enabling property owners to facilitate personal asset sharing arrangements with trusted networks. It allows hosts to set custom terms for expense coverage, bypassing commercial rental regulations and complexities.
Funding
Funding not disclosed
Founders
Product
Problem
Property owners often face challenges generating income from their assets without engaging in commercial rental activities, which can involve complex regulations and permits. This limits their ability to offset ownership costs or utilize their properties more effectively.
Solution
The Asset Sphere provides a secure, invitation-only platform that enables property owners to facilitate personal arrangements for asset sharing. Hosts can create private "circles" of trusted individuals, such as family, friends, or colleagues, who can then request access to their properties. This model allows hosts to set their own terms for compensation, focusing on expense coverage rather than commercial rental rates, thereby bypassing the complexities and restrictions associated with traditional short-term rentals. The platform streamlines the process of managing access and usage within a controlled network, offering a private alternative to public marketplaces.
Target Audience
The platform targets property owners, particularly those with second homes or underutilized assets, who wish to generate income or offset costs by sharing with a trusted network, and individuals seeking access to private properties through personal connections.
Features
- Secure, invitation-only platform for private asset sharing.
- Host-defined "circles" for curated guest lists (family, friends, colleagues).
- Customizable terms for guest compensation, focusing on expense reimbursement.
- Property listing with details, photos, and availability management.
- Intuitive calendar feature for blocking personal usage dates and approving guest stays.
- Guest portal to view available properties within their circles and submit booking requests.
- Host approval workflow for each stay request, ensuring control over access.
- Avoidance of short-term rental (STR) regulations, permits, and associated taxes.
- Facilitation of personal arrangements rather than commercial rentals.